Cost of living in Oak Hills research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Oak Hills is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Oregon, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Oak Hills is 131, with 100 being the average.
The cost of living index in Oak Hills is 1.3x higher than the national average.
Oak Hills ranks as the #86 cheapest in Oregon out of 98.
Oak Hills ranks as the #5,294 cheapest out of 6,412 in the US.
The median home value in Oak Hills is $498,400.
The median income in Oak Hills is $110,020.
According to the most recent data on the cost of living, Oak Hills has an overall cost of living index of 131, which is 1.3x higher than the national index of 100.
Compared to Oregon, Oak Hills has a cost of living index that's 1.1x higher than Oregon's index of 116.
The standard of living in Oak Hills ranks as #86 most affordable out of the 98 places we measured in Oregon. By definition, that implies Oak Hills ranks as the #12 most expensive place in the Beaver State.
For more reading on life in Oak Hills, check out:
Six factors go into calculating the cost of living index in Oak Hills. Here is how it fairs on each of the criteria:
The Services index in Oak Hills is 120.
The Groceries index in Oak Hills is 111.
The Health index in Oak Hills is 116.
The Housing index in Oak Hills is 175.
The Transportation index in Oak Hills is 129.
The Utilities index in Oak Hills is 91.
Living Expense | Oak Hills | Oregon | National Average | |
---|---|---|---|---|
Overall | 131 | 116 | 100 | |
Services | 120 | 106 | 100 | |
Groceries | 111 | 107 | 100 | |
Health | 116 | 103 | 100 | |
Housing | 175 | 140 | 100 | |
Transportation | 129 | 117 | 100 | |
Utilities | 91 | 97 | 100 |
Housing swings affordability the most between places in Oregon, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Oak Hills is $498,400.
The Median Rent in Oak Hills is $1,648.
The Median Income in Oak Hills is $110,020.
The Home Value To Income in Oak Hills is 4.5x.
The Rent To Monthly Income in Oak Hills is 0.18x.
Statistic | Oak Hills | Oregon | United States |
---|---|---|---|
Median Home Value | $498,400 | $362,200 | $244,900 |
Median Rent | $1,648 | $1,250 | $1,163 |
Median Income | $110,020 | $70,084 | $69,021 |
Home Value To Income | 4.5x | 5.2x | 3.5x |
Rent To Monthly Income | 0.18x | 0.21x | 0.2x |
The cost of living varies in the cities and towns around Oak Hills. Here's a quick look at the cost of living in the most populous nearby places:
Vancouver, WA has a cost of living index of 116, 0.9x Oak Hills.
Hillsboro, OR has a cost of living index of 121, 0.9x Oak Hills.
Beaverton, OR has a cost of living index of 127, 1.0x Oak Hills.
City | Population | Cost Of Living | Vs. Oak Hills |
---|---|---|---|
Vancouver, WA | 188,331 | 116 | 0.9x |
Hillsboro, OR | 105,909 | 121 | 0.9x |
Beaverton, OR | 97,466 | 127 | 1.0x |
Aloha, OR | 52,704 | 120 | 0.9x |
Lake Oswego, OR | 40,390 | 153 | 1.2x |
Bethany, OR | 29,277 | 145 | 1.1x |
Orchards, WA | 28,371 | 114 | 0.9x |
West Linn, OR | 27,173 | 140 | 1.1x |
Hazel Dell, WA | 21,650 | 116 | 0.9x |
Five Corners, WA | 20,428 | 114 | 0.9x |